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Buying a home in Sublette County, Wyoming

The typical owner-occupied home in Sublette County is worth about $376,200, 21% above the Wyoming median of $309,700 and 13% above the national median of $332,700. Owners pay a median $1,665 a year in property taxes, about 0.44% of their home's value, lower than the Wyoming rate of 0.57%. The median household earns $83,597 a year, so the median home costs 4.5 times the median income (4.1 times for Wyoming). 84% of occupied homes here are lived in by their owners, and 50% of those owners still have a mortgage.

Sublette County at a glance

Sublette County Wyoming U.S.
Median home value $376,200 $309,700 $332,700
Median property tax paid per year $1,665 $1,767 $3,119
Property tax as a share of value 0.44% 0.57% 0.94%
Median household income $83,597 $76,176 $80,734
Homes lived in by their owners 84% 72% 65%
Owner homes with a mortgage 50% 56% 61%
Median monthly costs, owners with a mortgage $1,861 $1,754 $1,963
Those costs as a share of the owners' income 18.2% 21.0% 21.0%
Median rent $1,209 $992 $1,413
Rent as a share of renters' income 29.3% 27.0% 30.6%
Median year homes were built 1985 1981 1980
Vacant homes 30.1% 12.2% 10.1%
Population 8,838 582,397 334,922,499

What a typical home costs per month in Sublette County

At this week's average 30-year rate of 7.11%, buying the median Sublette County home of $376,200 with 20% down costs about $2,319 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,946, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $99,397 for the 20%-down payment. That payment is 33% of the median Sublette County household income of $83,597; at that income and 20% down, the 28% guideline points to a home of about $316,000.

The median rent here is $1,209 a month, so owning the median home costs about $1,110 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$75,240
Loan amount$300,960
Principal and interest$2,025
Property taxes (0.44% a year)$138
Homeowners insurance (our estimate, 0.5% a year)$157
PMI$0
Total per month$2,319

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3.5% down, 30-year FHA loan
Down payment$13,167
Loan amount$369,386
Principal and interest$2,485
Property taxes (0.44% a year)$138
Homeowners insurance (our estimate, 0.5% a year)$157
FHA mortgage insurance$166
Total per month$2,946

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Questions about home buying in Sublette County

What is the median home value in Sublette County?

About $376,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Sublette County?

Homeowners pay a median $1,665 a year, which is about 0.44% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Sublette County?

For the median home with 20% down at 7.11%, the payment is about $2,319 a month. Keeping that under 28% of gross income takes about $99,397 a year.

More about Sublette County

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data